The Montgomery
Single Family
3
2
1554
Sqft
2008
$205,000
Purchase Price
$1,645
Rent / Mo
0%
Refinance Candidate
Property Leverage
424 Tree Line Drive, Montgomery, AL 36117
About
The Montgomery is a 3-bedroom, 2-bathroom home in Montgomery, Alabama. With an attached 2-car garage, this home is both stylish and practical. It features large living areas, spacious bedrooms, stainless steel appliances, and much more. Outside, you'll find a beautiful backyard, perfect for hosting outdoor gatherings and BBQs.
Tenant Leasing Process
The time needed to sign the first tenant lease is variable and can depend on several factors including seasonality and whether the property requires any sort of renovation. Historically the average time to lease has been 45 days and has ranged from a minimum of 7 days to over 90 days. For more details on each status, check out the different rental statuses here.
Rented
Rental Status
This property is eligible to start receiving dividends after its first lease is signed.
The Market
Montgomery, AL
Montgomery is Alabama's capital and second-largest city, with approximately 200,000 people. The city is known for its rich history, vibrant culture, and diverse economy. Montgomery's cultural scene is rich and diverse, with several museums, theaters, and music venues, including the Montgomery Museum of Fine Arts, the National Memorial for Peace and Justice, and the Montgomery Performing Arts Centre. The city also hosts several yearly music festivals, including the Alabama National Fair and the Jubilee CityFest. The economy of Montgomery is driven by a mix of industries, including healthcare, education, government, manufacturing, and service. It's also home to several colleges and universities, including Alabama State University and Faulkner University, which significantly contribute to the city's economy. Montgomery's mix of industries and affordable cost of living make it an attractive destination for businesses, families, and investors.
Common Questions
How Arrived works
What returns can I expect
What to expect if my property is still seeking a tenant
Diversification
Investing horizon & liquidity
Don't Know Which Property to Choose?
Other Questions?
Visit our help center
$247,640
Invested
100%
Funded
625
Investors